📦 The Order : Weekly Aggregator Roundup - FY22 Amazon, Emerge, Mensa Brands

Issue #96

Happy Sunday,

Here’s a quick roundup of last week’s news :

Chart of the week:

Amazon’s Q4 & 2022 results were released this week

• 13.9% ⬆️ of Third Party Fees Revenue (2022)

• First party sales 0.9% ⬇️ driven by currency effects (2022)

• 59% of sales were marketplace sales in Q4 (+ 3% points YoY)

• 19% ⬆️ in ad revenue YoY in Q4

Access Amazon’s detailed announcement here.

In “Amazon didn’t grow in 2022” Marketplace Pulse featured:

Funding Craze 💰

No new rounds announced this week.

Movers & Shakers 🤝

• Canada: Emerge Commerce (TSXV: ECOM) posted prelim Q4 2022 results with record gross merchandising sales of 32-33M CAD (~24M USD) [PR Newswire]

• India: Mensa Brands Posts INR 96.62 Cr Loss (~12M USD) In First Financial Year Of Operations, FY22 revenues at INR 217 Cr (~33M USD) [Inc42]

Strategy 📈

• “Amazon launches new attack, Shopify well-armed to fight back” [Seeking Alpha]

• “Amazon will take years to recover from a warehouse overbuilding binge during the pandemic. In 2022, it still added a third of Walmart's total capacity.” [Business Insider]

• Becoming a gatekeeper in commerce: “Amazon’s Endgame” [The American Prospect]

• “The 50 fashion, beauty, and lifestyle companies set to take off and become the next great direct-to-consumer brands, according to The Lead” [Business Insider]

• The split between online and offline: “The everywhere retail” [Business Standard]

• “From Amazon to tech startups, e-commerce takes on the TikTok-style feed” [Glossy]

• “5 new retail store formats to watch in 2023” [CB Insights]

• “Here’s a list of 148 bankruptcies in the retail apocalypse – and why they failed” [CB Insights]

• 🎖 “E-Commerce Retail Just Passed $1 Trillion For The First Time Ever” [Forbes]

• eCommerce didn’t see a surge everywhere in 2022: “German ecommerce shrinks 5 percent” [eCommerce News]

• 🇨🇳 “Why Amazon's Marketplace Failed In China” [CNBC]

• “China's JD.com to shut e-commerce sites in Indonesia, Thailand” [Reuters]

Events 🎤

• Prosper Show, Mar 13-15, Las Vegas, NV

• Shoptalk, Mar 26-29, Las Vegas, NV

• Seller Sessions Live, May 13, London, UK

Make this week count 🙌

Christian